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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 1,675,210 $ 979,306
Accounts receivable, net of allowances of $450,000 and $2,252,383 as of December 31, 2023 and 2022, respectively 735,839 1,809,110
Prepaid expenses and other current assets 1,106,848 1,048,392
Total Current Assets 3,517,897 4,043,340
Property and equipment, net 247,693 522,433
Operating lease right of use assets 197,307 971,789
Intangible assets, net 5,795,807 13,360,230
Total Assets 9,758,704 18,897,792
Current Liabilities:    
Accounts payable 813,659 2,372,219
Accrued expenses and other liabilities 1,891,315 3,416,424
Purchase commitments 4,656,538 2,563,216
Operating lease liabilities (current) 153,015 380,538
Total Current Liabilities 7,592,243 13,321,608
Operating lease liabilities (non-current) 45,659 617,288
Other non-current liabilities 31,098 3,055,498
Total Liabilities 7,669,000 16,994,394
Stockholders’ Equity    
Preferred stock, $0.0001 par value; authorized 1,000,000 and 1,000,000 shares; and none issued and outstanding as of December 31, 2023 and December 31, 2022, respectively
Additional paid-in capital 91,923,311 76,446,061
Accumulated deficit (87,030,270) (73,979,131)
Accumulated other comprehensive loss (1,850,216) (933,406)
Total Stockholders’ Equity Attributable to Motorsport Games Inc. 3,043,164 1,533,711
Non-controlling interest (953,460) 369,687
Total Stockholders’ Equity 2,089,704 1,903,398
Total Liabilities and Stockholders’ Equity 9,758,704 18,897,792
Common Class A [Member]    
Stockholders’ Equity    
Common stock, value 269 117
Common Class B [Member]    
Stockholders’ Equity    
Common stock, value 70 70
Related Party [Member]    
Current Assets:    
Due from related parties 206,532
Current Liabilities:    
Due to related parties $ 77,716 $ 4,589,211